Examlex
What are end-user and vertical-level specialists?
Point Scores
A method used in job evaluation that assigns numeric scores to different aspects of a job's requirements to assess its relative worth.
Correlation Coefficient
A numerical measure that indicates the degree and direction of a relationship between two or more variables, with values ranging between -1 and 1.
Market Pay Line
A graphical line in a compensation analysis showing the relationship between the job's importance or level and the average market pay rate for that job.
"Goodness Of Fit"
A statistical measure that evaluates how well a model or hypothesis matches observed data or outcomes.
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